You will not owe any gift tax, but you will need to file a gift tax return. Hire a professional to prepare this return for you.

What is the best way to replace a corporate trustee? Start by hiring an expert trust law attorney and having him/her review the declaration of...

Unfortunately, when people go to great lengths to avoid probate, they sometimes make even bigger headaches for themselves than a simple and common...

You can sue anybody for just about anything. And somewhere out there is probably an attorney who would be willing to take your case --- on an...

You desperately need the assistance of an expert probate/trust administration attorney. Engage one ASAP before you make any serious mistakes that...

Respectfully disagree with my colleague, Mr. Cowan. Your new CPA is NOT being a jerk --- he is just trying to comply with IRS "due diligence"...

It should be clear to you by now that you need the assistance of an expert probate/trust attorney in administering this trust. Find an expert...

You will need to report the gift to IRS by filing a federal gift tax return. The return should be prepared by a professional.

You need a really good bankruptcy attorney who really understands the timing rules for discharge of tax debt. Further: even with advance...

If your mother's caregivers are hired directly by her (as opposed to being assigned by an agency that employs them) and they are under her direct...